Impact Partners is Asia’s first private platform for social enterprises and impact investors. Launched March 2011, Impact Partners is an exclusive network where investors are given access to business plans and introduced to social enterprises that are not listed on the Impact Exchange. This online platform is a dedicated matching service for investors interested in making private investments in pre-screened social enterprises that match their investment criteria. Unique to Impact Partners is the fact that the social enterprises would have been assessed on their social impact and financial capacity through a market readiness assessment framework so that investors can be assured of high-level access to a possible investment opportunity.

IIX is proud to present Impact Partners, Asia’s first private platform for social enterprises and impact investors. Launched March 2011, Impact Partners is an exclusive network where investors are given access to business plans and introduced to social enterprises that are not listed on the Impact Exchange. This online platform is a dedicated matching service for investors interested in making private investments in pre-screened social enterprises that match their investment criteria. Unique to Impact Partners is the fact that the social enterprises would have been assessed on their social impact and financial capacity through a market readiness assessment framework so that investors can be assured of high-level access to a possible investment opportunity.

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Greetings from Impact Investment Exchange Asia!

Greetings!

We hope you had a wonderful start to the year.

Our year began with a bang with our first Impact Forum for Social Change in Dhaka, Bangladesh in January. The Forum was a joint effort between IIX and the Asian Development Bank (ADB). The event was an amazing success, as leaders from the public and private sectors and civil society came together, rolled up their sleeves and made their mark on the space of impact investment in Bangladesh.We owe a big thank you to ADB, the IIX/Shujog team, the participants from Bangaldesh and those who flew in from around the world to participate in the forum.

Just a couple of days ago, we hosted our second Impact Forum for Social Change in Bangkok . This time, in addition to ADB, we had Global Social Venture Competition and Thammasat University working with us. The Forum was outstanding.Stay tuned for highlights on this forum in our next newsletter or visit ADB’s website for details.

At IIX, our focus turns now to the launch of our Impact Partners platform at the end of March. The platform aims to showcase investment opportunities in Asian social enterprises to qualified impact investors. We have some incredible Social Enterprises that we will be showcasing when we go live. If you are an impact investor and want to join the platform or a social enterprise that wants to showcase your investment opportunity, please contact us.

On the Shujog side, we have been busy with our research work, the Social Enterprise mapping we are conducting and, of course, carrying out Impact Assessments. The team is starting a wave of field work and is quite excited about traveling all over Asia.

So, lots happening, and lots more to do.If you are in the area do drop by and meet some of the people who are making all this happen.

With best wishes from a warm Singapore –

Durreen

Now accepting applications for Master in Public Administration and Master in Public Management programmes. Click above to learn more.

Impact Forum Bangladesh

Ideas Transformed Into Action – Mona Sinha

The new year heralded our first Impact Forum, held in Bangladesh on January 10th and 11th.It was a culmination of a year of strategizing, planning and at the end, detailed event execution that showcased the work of IIX and Shujog to a diverse audience from all over the world.

For me personally, it marked almost a year of my involvement with the organization – a buzzing, vibrant, energetic venture spearheaded by passionate people who pulled me into the effort to create what has never before existed – a social stock exchange!

Our partners in this event, ADB, were just as enthused to showcase Bangladesh as we were.The day before the actual Forum, a group of attendees ranging from Bart Edes of ADB to Margot Brandenberg from the Rockefeller Foundation to investors, attendees and our student volunteers from ULab in Dhaka headed off with Alvin Loke, my co-organizer, to visit Waste Concern.They heard all about the challenges and future plans of the company and visited a composting plant in Bulta – a truly hands-on experience.

That evening, we kicked off an Impact Reception with a panel discussion for our esteemed guests, partners and leaders from the Bangladesh private sector.

Early the next morning (by Bangladeshi standards anyway) the halls leading to the event room started getting busy with attendees (representing Bangladeshi enterprises, corporate citizens, ecosystem players, supporters and students) who were efficiently checked in by our student volunteers.Over twenty journalists also buzzed about ready to interview speakers and participants all day.Our event opened with a keynote address by Hon Masihur Rahman, advisor to the Prime Minister, who congratulated us on our venture and highlighted some challenges that entrepreneurs can face.Bart and Durreen welcomed the attendees and we were off to a great start!

As the Dhaka Stock Exchange witnessed its greatest fall in a single day, Impact Investment Exchange had a roomful of people riveted as they heard about a new way of raising capital for social good.Panels of investors, ecosystem players (lawyers, bankers, accountants in Bangladesh) and finally our star Social Enterprises (Kazi Tea of Bangladesh and Excellent Renewable of India) pledged their commitment and innovative solutions to real social problems.The audience asked questions and stayed engaged through the day.

The highlight of the Forum was the session on “Ideas to Action”where groups of 8-10 attendees (representing overseas guests and local leaders) committed to bring about sustainable social change in Bangladesh.This was the genesis of Bangladesh Impact Investment Network – now an ongoing group of people based in Bangladesh who have taken ownership of the challenges that the Forum highlighted and will create the change at the local level.Whether it is educating people about sustainable social entrepreneurship,highlighting specific sectoral development, raising a local social venture fund, providing reduced-fee or pro-bono services at the corporate level or simply meeting once a month to exchange information about the latest global developments in Impact Investing, this group is the pulse we have left behind in Dhaka.A pulse that will move Bangladesh forward and provide a blueprint to be used in other countries where we will hold more Fora.

A great start to a great year.When I think about how we pulled it off, with I being based in Hong Kong, Alvin being in Philadelphia and Durreen, Lina, Debra and Hung-yi in Singapore, it redefines what teamwork truly is!Congratulations all on a wonderful start to 2011.

For more information, please click here to visit the Forum section of our website.

An Intern’s Reflection on the Trip To Dhaka – Alvin Loke

After interning at IIX this past summer and subsequently returning to school for fall semester, I had the privilege of spending winter break working at IIX. This time, I was involved in organizing the inaugural Impact Forum, held in Dhaka. I was excited; as this week-long trip would mark the first time I had ever travelled to the South Asian subcontinent.

Although this was a working trip, and most of each day was spent meeting with the hotel managers and coordinating student volunteers from ULAB, I managed to find pockets of time to explore Dhaka city and do some shopping for local fair trade products at the Aarong and Jatra stores. Through the trip, I became well acquainted with the huge crowds in densely-populated Dhaka, and learned to appreciate the notorious Dhaka traffic!

My week in Dhaka was a thoroughly eye-opening experience. One of the most interesting and inspiring experiences was the visit to Waste Concern, a local Social Enterprise. We met with the co-founders of the venture who shared about their company and their inspiring story. After lunch, we visited their composting plant in Bulta, where we were led on a tour of the facilities and learned more about the composting process. The visit to the composting plant was another first for most of us on the visit.

Finally, the highlight of my trip had to be the inaugural Impact Forum which turned out to be a huge success. The forum marked the culmination of months of hard work from the entire team, especially in the weeks leading up to the forum. What made it even sweeter was hearing the positive feedback from the forum participants themselves, who ranged across academics, to investors to social enterprise representatives.

I have to thank IIX for giving me this amazing opportunity. These past few months have been a memorable time for me, and I would not trade this experience for anything else. I hope to visit Dhaka again soon to experience the city fully, and perhaps this time, I will get to take a rickshaw ride – which I hear is a “must-try” in Dhaka city!

IIX Business Highlights

Impact Partners Launch

At the end of March, we are launching Impact Partners, the first of IIX’s platforms. Impact Partners is a private, online platform to introduce impact investors to high quality, pre-screened social enterprises, including both for-profit and not-for-profit entities with social missions ranging from clean technology, renewable energy, education, healthcare to microfinance. Impact Partners represents an efficient and cost-effective way for inspired investors to identify, evaluate and fund innovative businesses while creating social, environmental and financial value. Social enterprises on the platform are assessed both on their social impact and financial capability through a market readiness assessment. Investors can be assured of access to a wide range of impact investing opportunities from across Asia-Pacific. Join Impact Partners now and directly empower social enterprises to magnify their impact and address some of the world’s most pressing social and environmental problems. Contact En Lee , Director of Impact Partners, to register your interest.

Ecosystem Research and Engagement

IIX has been carrying out extensive research to map out the impact investment ecosystem across Asia-Pacific with a focus on Singapore, India, Thailand and Bangladesh.The impact investment ecosystem includes accounting firms, lawyers, credit rating agencies, financial advisors, academia, regulators and government bodies whose support is critical in getting a social enterprise ready to access the capital markets.The recent ADB-sponsored Forums in Bangladesh and Thailand showcased the involvement of many of these players in supporting impact investment and provided opportunities to reach out to additional players in these markets.

Partnership with Asia Society

The Asia Society Philippines and IIX recently signed an agreement to work jointly in getting social enterprises in the Philippines ready to access social capital markets. ADB and Asia Society will jointly host workshops in Manila for interested social enterprises. The workshops will be conducted by the IIX team, and will help to identify suitable enterprises as candidates for the Impact Partners and Impact Exchange platforms.

Now accepting applications for Master in Public Administration and Master in Public Management programmes. Click above to learn more.

Shujog Business Highlights

Impact Assessments

We are busy performing impact assessments on social enterprises at Shujog!

Shujog’s impact assessment work caters to a variety of stakeholders.We help social enterprises better communicate the impact of their activities to potential investors. And, we help investors measure the impact of their investments to ensure their investments are meeting their goals.

Shujog is currently busy working with the first batch of social enterprises looking to raise capital on IIX’s Impact Partners platform.To this end, Shujog assesses the individual enterprise’s impact, its financial sustainability, and its market readiness.Shujog is also partnering with B Lab and the Rockefeller Foundation in the roll-out of the Global Impact Investing Rating System in Asia, and will work with three pioneer funds in Vietnam and Bangladesh to assess the impact of their portfolio companies.

Shujog offers everyone the chance to get involved by sponsoring mission-driven social enterprises across Asia in their incredible work. Please contact us if you would like to sponsor an impact assessment.

Impact Chats: A Snapshot of the Year

The growth of the Impact Chat discussion series is a reflection of how deeply engaged and curious people are about the impact investing and social enterprise space.

Held monthly in Singapore, covering a wide range of topics and speakers, the Impact Chat series has grown to become ‘the discussion series’ to attend in Singapore for those who want to learn more about the social innovation space. Impact Chats are now asked to be hosted in partnership with academic and corporate institutions across Singapore brining in over a hundred people, with the latest chats held in conjunction with the Lee Kuan Yew School of Public Policy at the National University of Singapore in January and Deutsche Bank’s Women’s Network in February.

The Impact Chat series (Oct 2010 – March 2011) is made possible by Corum Swiss Watches, and we send a heartfelt thank-you to its Asia Managing Director, Ms. Deepa Chatrath, for supporting this series and creating a forum in which new ideas in the dynamic field of social enterprise and impact investing have flourished.

If you are in Singapore and want to attend our chats, please let us know as seats go fast!

See you at our next Chat!

Dr. Lester Salomon of Johns Hopkins University at our January Impact Chat

En joined IIX as the Director of Impact Partners. Formerly, En was an Executive Director at Goldman Sachs and a Corporate Associate at Freshfields. En is actively involved with charity work, philanthropy and impact investing. He is an avid traveler and writes for an international, sustainable lifestyle magazine.

Shlesha Thapaliya

Shlesha Thapaliya is a Research Analyst at Shujog. Previously, she was an Editor/Translator at the United Nations Mission in Nepal and Research Executive at the Lee Kuan Yew School of Public Policy. She has a keen interest in social policy and sustainable economic development. She holds a BA in Political Science and Sociology & Anthropology from Swarthmore College.

The Asian Development Bank (ADB), Impact Investment Exchange Asia, and Thammasat University are jointly organising the Impact Forum for Social Change, Global Social Venture Competition, and Social Entrepreneurship Symposium, starting tomorrow at the Landmark Hotel in Bangkok.

More than 100 social entrepreneurs and representatives of governments, the business community, development agencies and research institutions will participate in the activities. Also involved are so-called impact investment groups – those seeking both financial and social returns.

According to the ADB, social enterprises offer huge potential for tackling socio-economic problems, such as lack of access to healthcare, education, housing, and micro-enterprise financing. Thailand boasts an emerging pool of dynamic social enterprises, and an even greater number of social entrepreneurs looking to start up new initiatives.

While many social entrepreneurs and enterprises are ready to boost their positive social impact, they require improved access to growth capital, capacity building, and market-relevant skills.

“Impact investors … are addressing the need for capital by committing resources to businesses considered socially and environmentally responsible,” the Manila-based bank said.

On the sidelines of this symposium, Thammasat University is also hosting its fourth annual Global Social Venture Competition – Southeast Asia. University students from seven countries have teamed up to join the competition and 10 finalists, including four Thai teams, will showcase their plans today.

Two Thai teams are from Thammasat’s IMBA (International Master of Business Administration) programme. One team, named “Smile Floss”, deals with the first organic silk floss in Asean to support local silk producers. DeepScan offers an innovative endoscope that can be used to detect cancer at the early stage and target low-income people.

I-AM, from Thammasat’s IBMP (Integrated Bachelor’s and Master’s Degree Programme), collects harmful by-products of the leather industry and turns them into leather board.

Indhan, the team from the Asian Institute of Technology, is a biogas system provider, aiming to reduce dependence on external energy among rural households in Nepal.

BANGKOK, THAILAND (3 March 2011) – Social entrepreneurs are generating business ideas to address social and environmental challenges in Thailand and around Asia. But they require greater financial support from impact investors to expand their ventures.

More than 100 social entrepreneurs and their supporters are gathering in Bangkok today and tomorrow to discuss the huge potential of social enterprises in improving lives through the power of the free market. They are convening as part of the combined Global Social Venture Competition, Social Entrepreneurship Symposium, and Impact Forum for Social Change.

Social entrepreneurs are persons who develop fresh business solutions to major social challenges. They tend to be ambitious and committed to developing and implementing ideas for wide-scale societal change. Social entrepreneurs work to solve problems by developing sustainable and market-based solutions to address perceived gaps in what government and charity organizations are doing.

“The Competition and Symposium provide the opportunity to engage social entrepreneurs who are changing the world with their energy and creativity,” said Edward Rubesch, Director of the IMBA Program at the Thammasat Business School. “These events showcase how social entrepreneurs are developing innovative solutions to today’s most pressing problems.”

One sponsor of the two-day program is Impact Investment Exchange Asia (IIX Asia), which is building the first social stock exchange in Asia. “A regional stock exchange serving social enterprises from Thailand and other developing Asian countries will link social enterprises in need of funding with impact investors who understand their business models and value their social mission,” said Durreen Shahnaz, the organization’s founder and chairperson.

Support for the combined program has also been provided by the Asian Development Bank (ADB). “Through its operations, ADB supports a vibrant private sector,” said Bart W. Édes, Director of ADB’s Poverty, Gender, and Social Development Division. “Social enterprises promote inclusive growth through their clever utilization of socially oriented business models. They are building from the grassroots up, and making their positive impact felt in communities across Thailand and beyond.”

Young social entrepreneurs, government representatives, and potential investors are gathering to explore how to boost the capacity of social enterprises in Southeast Asia. The overlapping events – which are open to the public – will highlight promising new initiatives, offer participants with a deeper understanding of impact investment, and explore the market readiness of social enterprises in Thailand.

ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, it is owned by 67 members – 48 from the region.

IIX Asia has just concluded its inaugural Impact Forum For Social Change in Dhaka, Bangladesh. For more information, see the Forum link on our website.

“Social enterprises need financing from ‘impact investors’ that include a heterogeneous group like foundations, family offices, banks, pension funds and social investment to scale up their efforts, a discussion in Dhaka was told yesterday.
Impact investors are a group that eyes a social goal beyond merely returns in terms of profit…IIX Asia, a Singapore-based social enterprise, seeks to establish the region’s first social stock exchange to provide sustainable social enterprises from developing countries with the opportunity to raise capital through the stock market.”

The recently concluded Impact Forum for social exchange co organized in Dhaka, Bangladesh by the Asian Development Bank (ADB) and Impact Investment Exchange Asia (IIX Asia) saw conclusions of social enterprises making a significant contribution towards inclusive economic growth and providing opportunities to the poor of the Asia and Pacific region…

The one-day forum saw 60 participants gather together from the government, development agencies, social enterprises, and impact investors, as well as experts in capital market development and resource mobilization. It was aimed at providing participants with a deep insight of impact investment, impact measurement, and the market readiness of social enterprises in Bangladesh and other areas of the Asia and Pacific region.

Impact Investment Exchange Asia (IIX), in cooperation with the Asian Development Bank (ADB), is hosting the Impact Forum for Social Change on January 10th, 2011, in Dhaka, Bangladesh. The forum will inform social enterprises about the various alternatives to raising investment capital, as well as developing their understanding of the requirements that social enterprises must meet to raise investment capital through a social stock exchange or otherwise. Participants will be introduced to the impact investing movement, impact measurement tools, and reporting standards. The Impact Forum will be feature prominent speakers from the Social Innovation space, including Dr. Alex Nicholls (Oxford University) and Margot Brandenburg (Rockefeller Foundation). Notable names from the field of social venture finance and private equity will also be present. The forum will aim to bring together participants from the government, development agencies, SEs in Bangladesh, impact investors and ecosystem players.

For more information about covering this event, please contact Mr. Alvin Loke.

Dr. Patricia Tan Shu Ming: Director of the Como Foundation, the corporate philanthropy arm of the Como Group. The foundation focuses on NGOs and social enterprises that address issues of income generation, education and skills development for at-risk women and girls in developing countries. Ming’s career has focused on two areas: cooperation between the public and private sectors for social good, and the role of ideas and values in shaping corporate identity. In the area of public/private cooperation, Ming’s academic interests have focused on institutions charged with shaping public understanding of abstract issues such as science, technology, and ethics. Ming obtained her bachelors and masters degrees from Stanford University and her doctorate from Oxford University. She was Singapore’s Rhodes Scholar for 1997.

Ms. Jenny Santi: Head of Philanthropy Services, Southeast Asia at UBS AG. At UBS, Jenny is involved in the development of the overall strategy for some of Asia’s newest foundations; and has played a key role in delivering the UBS Philanthropy Forum twice in Singapore, a landmark event which convenes over 250 global philanthropists and leaders of civil society. Formerly a tv presenter and university lecturer, she is a frequent media commentator on the topic of philanthropy in Asia. Jenny did her MBA at INSEAD and at Wharton, with a special focus on marketing and social entrepreneurship.

Dr. Ting Hway Wong: General Surgeon, Singapore General Hospital. She previously worked on the ground in Angola as a volunteer through Doctors Without Borders and is the first Singaporean to work as a medical delegate for the International Committee of the Red Cross. Dr. Wong is a 2007 Lee Kwan Yew Scholar, a 2009 Asia Society ‘Asia 21 Fellow’ and after obtaining her medical degree from Cambridge, she also received her Masters in Public Health from John Hopkins University.

Impact Investment Exchange (IIX) presents the Impact Chat series: a monthly discussion series that invites leading experts and innovators to discuss the newest developments from the social enterprise and impact investing field.

This month, IIX is proud to present Pakistan: Growth After Recovery, where the discussion focused on how innovative solutions like microfinance and agricultural cooperatives can empower the people to help themselves through its recent flooding disaster and contribute to rebuilding Pakistan.